2759 Mt Pleasant St Burlington, IA 52601-2137

Property Details for 2759 Mt Pleasant St

Year built

1969

Lot size

4.29 lot acres

Property size

35,088 SF

Property type

Hotels

Property subtype

Motels

APN

11-31-101-045

APU

1131101045

Description

This exceptional 4.29-acre property, located at 2759 Mt. Pleasant St in Burlington, Iowa (zip code 52601), presents a unique investment opportunity. The property, a former Howard Johnson's restaurant, boasts a prime location just off Highway 61, offering convenient access and high visibility. Its proximity to the Catfish Bend Casino and the Mississippi River ensures significant foot traffic and potential for a thriving business. The two-story building, constructed in 1969, features ample parking with 164 spaces. While the previous use was a 154-room hotel with 98 operational rooms at the time of closure, the property is currently being offered as a restaurant opportunity. The substantial lot size provides significant expansion potential or the possibility of developing complementary businesses. The asking price for this remarkable property is $2,900,000. This is a rare chance to acquire a well-situated, sizeable property with significant historical significance and redevelopment potential in a desirable location. The property's unique history and ample space offer a blank canvas for a creative entrepreneur to establish a successful and memorable establishment. The existing infrastructure provides a solid foundation for a variety of restaurant concepts.

Location Insight

City

Burlington

County

Des Moines

State

Iowa

Longitude

-91.1399

Latitude

40.825

CBSA code

15460

CBSA name

BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments